Powered by Datawallet | May 22, 2025
The crypto market never sleeps — and the last 24 hours proved exactly that. Here's a sharp summary of the biggest moves, milestones, and mayhem shaking up the space:
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1. $BTC Blasts Past $112,000 on ETF Momentum
Bitcoin surged above $112K, fueled by massive inflows into spot ETFs. Institutional interest remains red-hot, with IBIT (BlackRock's ETF) now ranked in the top 5 by total inflows.
2. Solana Mobile Launches SKR Token
Solana’s latest smartphone drop isn’t just hardware—it comes with an airdropped SKR token, signaling deeper integration between Web3 and mobile tech.
3. Major Breach at Coinbase
A serious breach at Coinbase has reportedly affected over 69,000 users. The exchange is working with regulators and has initiated a compensation process.
4. Texas Goes Pro-Bitcoin
In a regulatory win, Texas has officially passed a bill recognizing Bitcoin as part of the state’s reserve assets. A bold step in legitimizing BTC as a treasury component.
5. $ETH Sees DEX Boom: +73% Surge
Decentralized exchange activity on Ethereum is up 73%—driven largely by retail traders. Gas fees are stable, and volume is climbing across Uniswap and friends.
6. Yield-Bearing Stablecoins Hit $11B
A new financial frontier: yield-bearing stablecoins have collectively reached $11B in circulating supply, becoming an attractive low-risk yield option.
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The Takeaway:
Institutions are doubling down, regulators are warming up, and retail is back in the game. Whether you're trading, staking, or building—this is not the week to sit out.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always DYOR (Do Your O
wn Research).